Volta launches out of stealth, to lease capacity in Norway from Bitdeer for “leading AI lab”

A new AI infrastructure company has launched and is set to lease capacity from Bitdeer in Norway.

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Volta launches from stealth

Volta, which came out of stealth this week, describes itself as a fully vertically integrated AI infrastructure platform.

The firm aims to combine institutional capital, powered land, data centers, compute, software, and operations under one company. It claims a pipeline of 1GW of near-term power capacity across North America and Europe, with a target of 5GW by 2030.